Weekly Newsletter
Excepteur sint occaecat cupidatat non proident
Banks
‘He met with Tony Elumelu not banks’ executives,’ X user reacts to photo of Tinubu’s acclaimed meeting with bank executives
By Chioma Obinagwam Reactions have trailed a photo shared by the official X handle of President Bola Ahmed Tinubu’s Media centre Wednesday...
Why Central Bank of Nigeria increased minimum capital requirements for banks
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), had announced increased minimum capital requirements for banks. According...
Cyber attacks: Pundits task IT personnel of financial institutions on upskilling
Cybersecurity experts have urged banks and other financial institutions in the country as a matter of urgency to embark on deliberate efforts to...
Naira redesign: CBN refutes claims of NSPMC’s incapabilities, closure of banks
By Chioma Obinagwam Nigeria’s apex monetary authority, the Central Bank of Nigeria (CBN), has debunked the news making rounds in a recording of...
Nigerians stage protests against shortage of new naira notes, fuel (See videos)
By Chioma Obinagwam Nigerians in some parts of the country have staged protests over the current state of the economy, which is characterized...
Momo PSB drags 18 banks to court over alleged 23bn fraud
Momo Payment Service Bank Limited (MPSBL), a banking subsidiary of MTN Nigeria has charged the Federal High Court to compel 18 commercial banks...
Tax evasion: Kogi government seals off all Union Bank branches in state
The Kogi State Government on Friday sealed off all the Union Bank of Nigeria (UBN) Branches in the state. The government said their...
Fidelity Bank gets new MD
By Chioma Obinagwam The board of directors of Fidelity Bank Plc has announced the impending retirement of Mr. Nnamdi Okonkwo, its managing director/chief...
Expansion drive: Access Bank plans to acquire another bank in Africa
Nigerian lender, Access Bank Plc, is planning to acquire another financial institution as part of its aggressive expansion drive. The company, which intends...
Don't Miss
Why NCC sanctioned disconnection of Exchange Telecommunications Limited from MTN
Nigeria’s apex telecommunications regulator, the Nigerian Communications Commission (NCC), has approved the disconnection of Exchange Telecommunications Limited (Exchange) from MTN Nigeria Communications Limited...
CBN reacts to scarcity of PTA, BTA at Nigerian banks
By Chioma Obinagwam Nigeria’s apex bank, the Central Bank of Nigeria (CBN), has reacted to rumours of unavailability of Personal Travel Allowance (PTA)...